Average annual salary for most employees Fixed vs. variable pay breakdown Estimated monthly take-home salary30% less than the average Manager Salary in Insurance Companies for 3 - 16 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Manager Salary
5 - 15
years
exp.
(15
salaries)
|  ₹9 L/yr - ₹15.5 L/yr |
Engineering - Software & QA
Manager Salary
4 - 11
years
exp.
(6
salaries)
| ₹11.2 L/yr - ₹16 L/yr |
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| |
Data Science & Analytics
Manager Salary
7 - 16
years
exp.
(5
salaries)
| ₹10.2 L/yr - ₹15 L/yr |
Customer Success, Service & Operations
Manager Salary
7 - 11
years
exp.
(4
salaries)
| ₹6 L/yr - ₹10.4 L/yr |
Finance & Accounting
Manager Salary
5 - 16
years
exp.
(4
salaries)
| ₹11.5 L/yr - ₹16 L/yr |
Companies similar to IndiaFirst Life Insurance for Manager in Mumbai
IndiaFirst Life Insurance
Manager Salary
3 - 16 years exp. (51 salaries) |  ₹6 L/yr - ₹16 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Aditya Birla Health Insurance Co Manager Salary
1 - 12 years exp. (134 salaries) | ₹5 L/yr - ₹17 L/yr 
11%
less | |
 Future Generali India Life Insurance Manager Salary
3 - 16 years exp. (77 salaries) | ₹6.2 L/yr - ₹19 L/yr 
23%
more | 2 job openings |
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| ||
 Bharti AXA Life Insurance Manager Salary
3 - 16 years exp. (68 salaries) | ₹6.5 L/yr - ₹18 L/yr
9%
more | |
 Edelweiss Life Insurance Manager Salary
5 - 13 years exp. (65 salaries) | ₹4.9 L/yr - ₹14.2 L/yr
27%
less | |
 Magma HDI General Insurance Manager Salary
5 - 15 years exp. (38 salaries) | ₹9 L/yr - ₹14.8 L/yr
2%
more | |
 PNB MetLife Manager Salary
7 - 17 years exp. (35 salaries) | ₹4.7 L/yr - ₹15.5 L/yr
2%
less | 1 job opening |
 ManipalCigna Health Insurance Manager Salary
5 - 18 years exp. (35 salaries) | ₹8 L/yr - ₹18.5 L/yr
19%
more | |
 Medi Assist India Manager Salary
7 - 16 years exp. (28 salaries) | ₹5 L/yr - ₹12.7 L/yr
22%
less | 3 job openings |
 Paramount Health Services Tpa Manager Salary
6 - 13 years exp. (27 salaries) | ₹3.1 L/yr - ₹9.2 L/yr
45%
less | |
 Ageas Federal Life Insurance Manager Salary
4 - 17 years exp. (22 salaries) | ₹9.5 L/yr - ₹21.9 L/yr
34%
more | |
 Universal Sompo General Insurance Manager Salary
5 - 16 years exp. (18 salaries) | ₹9.4 L/yr - ₹16.8 L/yr At par | |
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| ||
 Aegon Life Insurance Manager Salary
2 - 13 years exp. (11 salaries) | ₹6.4 L/yr - ₹22.7 L/yr
12%
more | |
 Cholamandalam MS General Insurance Manager Salary
3 - 11 years exp. (11 salaries) | ₹5.5 L/yr - ₹9.1 L/yr
29%
less | |
 Liberty General Insurance Manager Salary
8 - 15 years exp. (8 salaries) | ₹8.9 L/yr - ₹13.8 L/yr
6%
less | 2 job openings |
 Aviva Life Insurance India Manager Salary
3 - 14 years exp. (4 salaries) | ₹7.5 L/yr - ₹14 L/yr
3%
less | |
Latest annual salaries shared by IndiaFirst Life Insurance Manager in Mumbai
Experience wise IndiaFirst Life Insurance Manager salaries in Mumbai
Last Updated: 19 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 3 years (AmbitionBox Estimate) |
₹10.6
L/yr
- ₹13.5
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹10.6
L/yr
- ₹13.5
L/yr
|
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| |
| 5 years (6 salaries) |
₹10.1
L/yr
- ₹16
L/yr
|
| 6 years (3 salaries) |
₹4.7
L/yr
- ₹15
L/yr
|
| 7 years (5 salaries) |
₹8
L/yr
- ₹15
L/yr
|
Similar Designation salaries in IndiaFirst Life Insurance
Top skills at IndiaFirst Life Insurance for Manager
Salary related reviews for IndiaFirst Life Insurance
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Top trending discussions
IndiaFirst Life Insurance Manager Salary FAQs
The top 10% of Manager in Mumbai at IndiaFirst Life Insurance earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Manager Salaries at IndiaFirst Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 50+ IndiaFirst Life Insurance employees in India.
- - Beverage
- - Relationship Management
- - Insurance
- - Bancassurance
- - Telecalling
These skills are highly valued at IndiaFirst Life Insurance and are crucial for successful performance in a Software Engineering role.
| Ageas Federal Life Insurance | ₹9.5 Lakhs to ₹21.9 Lakhs per year |
| Future Generali India Life Insurance | ₹6.2 Lakhs to ₹19.0 Lakhs per year |
| ManipalCigna Health Insurance | ₹8.0 Lakhs to ₹18.5 Lakhs per year |
| Aegon Life Insurance | ₹6.4 Lakhs to ₹22.7 Lakhs per year |
| Bharti AXA Life Insurance | ₹6.5 Lakhs to ₹18.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by IndiaFirst Life Insurance, depending on the role and experience level.
| Magma HDI General Insurance | ₹9.0 Lakhs to ₹14.8 Lakhs per year |
| Universal Sompo General Insurance | ₹9.4 Lakhs to ₹16.8 Lakhs per year |
| PNB MetLife | ₹4.7 Lakhs to ₹15.5 Lakhs per year |
| Aviva Life Insurance India | ₹7.5 Lakhs to ₹14.0 Lakhs per year |
| Liberty General Insurance | ₹8.9 Lakhs to ₹13.8 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹10.6 Lakhs to ₹13.5 Lakhs per year |
| 4 years | ₹10.6 Lakhs to ₹13.5 Lakhs per year |
| 5 years | ₹10.1 Lakhs to ₹16.0 Lakhs per year |
| 6 years | ₹4.7 Lakhs to ₹15.0 Lakhs per year |
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- IndiaFirst Life Insurance Manager Salaries in Mumbai
IndiaFirst Life Insurance Manager salary
in
Mumbai
ranges between ₹6
Lakhs to ₹16
Lakhs with an average annual salary of
₹. Salary estimates are based on
51
IndiaFirst Life Insurance latest salaries received from various employees of
IndiaFirst Life Insurance.